[econoclectic-announce] New post at EclectEcon

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Hello,
	There is a new post on EclectEcon.  You can read it at:

http://econoclectic.powerblogs.com/posts/1189046146.shtml

It begins:

	I expect that I could hire a good research
	assistant, and s/he would take only an hour or less
	to find plenty of studies indicating that the price
	elasticity of demand for air travel is not zero.
	They would find instead that as prices drop, the
	quantity demanded increases; and as prices go up
	(remember when that happened two years ago?) the
	quantity demanded drops....